Dego Finance, a decentralized finance protocol listed on
Binance, recently fell victim to an exploit that reportedly drained over $10M. Yet, despite this setback, Binance continues to support DEGO, displaying bullish sentiment towards decentralized finance.
AIRDROP2049, an initiative by numerous leading Web3 projects, saw participation from over 400,000 users. Notably,
Binance Smart Chain (BSC) and
UXLINK, among others, were involved in the launch, highlighting the intense exploration and implementation of
DeFi and
Web3 concepts in the crypto industry.
Reports indicate that 85% of altcoins are now in a historical buying zone, and DEGO is among the top three coins to watch. This suggests favourable prospects for individuals wanting to invest in
Dego Finance, further bolstered by a planned project for on-chain applications on
BNB Chain. In contrast, increasing cybercrime incidents like the ones suffered by Dego Finance and
Arbitrum-based marketplace, Treasure, call for stronger security measures in the crypto space. With numerous DeFi project listings and delistings, the landscape continues to adapt and evolve rapidly.
Dego Finance News Analytics from Wed, 16 Sep 2020 23:28:41 GMT to Sat, 10 Aug 2024 07:00:00 GMT -
Rating 2
- Innovation 6
- Information 5
- Rumor -4
